Chile's Ministry of Public Works has revealed that work on the Vespucio Oriente highway will now cost US$2 billion.
March 1, 2012
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906 Chile's Ministry of Public Works has revealed that work on the Vespucio Oriente highway will now cost US$2 billion. The complexity of the project is the cause for the cost increase. The tender process for the project should commence by mid-2012. The project will be for a 13km length and much of it will run underground, with the route crossing seven districts. Work is expected to begin in 2014.
Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget.
Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
Work is nearing completion on Nigeria’s important East-West road project. The new dual carriageway link should be ready to carry traffic in a matter of months. In all the project was originally expected to cost in the order of US$1.93 billion to construct and work commenced back in 2006. However an additional stretch may now be added that will extend the route. This project is of significance as it improves transport links to the South East of Nigeria, an area of the country that has long been overlooked fo
Zimbabwe’s Beitbridge to Chirundu highway link now looks set for a complete upgrade. The project has been planned for over 10 years but has faced a series of setbacks and delays, with funding having proved one of the biggest stumbling blocks in the past. The 897km highway runs from Beitbridge, located on the border with South Africa in the south of Zimbabwe all the way up to Chirundu, which is just over the border with Zambia in the north. The route includes part of the A4 highway in the south and the A1 hi
Paraguay’s Ministry of Public Works and Communications (MOPC) will award a series of road projects worth around US$1.3 billion in early 2016. These project include work on the first section of the bi-oceanic corridor, the reconstruction of Route 9, the expansion of Routes 2 and 7 and the second bridge connecting Paraguay with Brazil. The tender process for Route 9 from Remanso Bridge to the city of Mariscal Estigarribia will open shortly and the project is expected to cost around $380 million. The tender fo
